Amarc Resources Ltd 6-K, filed Mar 24, 2021
Amarc Resources Ltd (AXREF)
6-K
2021-03-24
For: 2021-03-24
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Added on
April 07, 2026
About this 6-K
Amarc Resources Ltd filed this 6-K on March 24, 2021.
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
As at
March 24,
2021
Commission
File Number: 000-49869
AMARC RESOURCES LTD.
(Translation
of registrant's name into English)
15th Floor
– 1040 W. Georgia Street
Vancouver, British Columbia
Canada V6E 4H1
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
[X]
Form 20-F [ ] Form 40-F
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):
[ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7):
[ ]
SUBMITTED HEREWITH
Exhibits
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Press Release dated March 24, 2021 | Amarc
Launches New Corporate Website Highlighting Its Portfolio of High
Value Copper-Gold Assets in British Columbia
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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Amarc
Resources Ltd.
(Registrant)
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Date: March 24,
2021
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By:
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/s/ Trevor
Thomas
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Trevor
Thomas
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Secretary
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Exhibit 99.1
Amarc Launches New Corporate Website Highlighting Its Portfolio of
High
Value Copper-Gold Assets in British Columbia
VANCOUVER, BC / ACCESSWIRE / March 24, 2021 / Amarc
Resources Ltd. ("Amarc" or the "Company") (TSX.V:AHR)(OTCQB:AXREF)
has unveiled a new corporate website at https://amarcresources.com/,
providing the investing public and project stakeholders with
comprehensive, up-to-date information on its business activities
and core copper-gold assets in British Columbia ("BC") - notably,
the 100%-owned JOY, IKE and DUKE Districts.
Collectively,
the expansive JOY, IKE and DUKE properties host four known
copper±gold porphyry deposits prime for advancement, as well
as 10 priority copper±gold deposit targets that are fully
permitted and ready for drill discovery. The Company's unparalleled
portfolio of large-scale copper±gold porphyry assets has been
acquired, assembled and advanced with an intrinsic understanding of
the properties major producers seek, and presents tremendous
optionality for work programs, partnership agreements and
transactions.
"Amarc
is in the enviable position of having assembled a robust portfolio
of sought after copper-gold porphyry assets in a leading North
American jurisdiction at a time when metal commodity prices are
surging, and we are in the early days of a bull market for mining
sector M&A," said Amarc President & CEO Dr. Diane
Nicolson.
"Not
only is mining playing an increasingly essential role in BC's
economy and regional economic recovery, Canada now cites copper as
a critical metal and commodity for the country's economic future.
Even the US government is increasingly looking to Canada as an
integral part of its strategy to boost North American production of
copper and other minerals necessary for the manufacture of electric
vehicles, and the broader transition to enhanced electrification
and a low-carbon future."
Nicolson
said Amarc's assets are uniquely situated for success. Not only are
the JOY, IKE and DUKE Districts positioned to help fill a growing
global supply gap in copper, they also benefit from the opportunity
for investment and cash flow diversification delivered by their
exposure to gold, with copper-gold porphyries typically returning
the highest metal value per tonne among porphyry
deposits.
Amarc's
100%-owned properties also leverage British Columbia's key
strengths as a mining jurisdiction - including its low-cost and
renewable power, superior transportation infrastructure, skilled
labour, and certainty around Indigenous and climate change
regulation.
"I
invite all of our partners - financial, business and community - to
visit Amarc's revitalized online platform," Nicolson said. "It has
been designed to showcase the unique and compelling mineral
properties that Amarc's experienced team has assembled, as well as
their potential to generate value and opportunity for all of our
shareholders and partners."
***
Amarc's
482 km2
JOY District is located
within the underexplored Toodoggone region of north-central BC. A
geological region with known potential for porphyry and epithermal
deposits, the Toodoggone is part of BC's Golden Horseshoe, which
includes the Golden Triangle to the W and NW. JOY is located on the
northern extension of the prolific Kemess porphyry Cu-Au district,
which includes the former Kemess South mine, the permitted and
development-stage Kemess North underground deposit, and the
advanced-stage Kemess East underground deposit.
The JOY
District hosts: the PINE Cu-Au deposit, which remains open to
expansion; the MEX Cu-Au deposit target; and, a pipeline of other
high potential drill-ready porphyry Cu-Au deposit targets. In
addition, Au-Ag epithermal deposit potential remains to be fully
explored at JOY.
Amarc's
462 km2
IKE District, located 35 km
NW of Gold Bridge in south-central BC, shares geological
characteristics with porphyry districts around the globe that host
major (and multiple) Cu±Au±Mo±Ag deposits. It is
situated in the heartland of Canada's copper production (the
Valley, New Afton and Gibraltar mines) and hosts: the IKE Cu-Mo-Ag
deposit discovery and the Empress Cu-Au-Ag deposit (both of which
are open to expansion); and, a pipeline of additional
Cu-Au±Mo±Ag deposit and exploration targets.
Amarc's
704 km2
DUKE District is located 80
km NE of Smithers in central BC within the Babine Region, one of
BC's most prolific porphyry Cu-Au belts. The Babine includes
Noranda's past producing Bell and Granisle Cu-Au mines and the
advanced stage Morrison Cu-Au deposit. The DUKE District hosts: the
DUKE Cu-Mo-Ag±Au deposit, which is open to expansion; and, a
series of compelling porphyry Cu-Au deposit-scale exploration
targets that demonstrate the property's district
potential.
About Amarc Resources Ltd.
Amarc
is a mineral exploration and development company with an
experienced and successful management team focused on developing a
new generation of long-life, high-value BC porphyry copper-gold
mines. By combining high-demand projects with successful
management, Amarc has created a solid platform to create value from
its exploration and development-stage assets.
Amarc
is advancing the 100%-owned IKE, DUKE and JOY porphyry
copper±gold deposit projects located in different prolific
porphyry districts in southern, central and northern BC,
respectively. Importantly, each of the three projects is located in
proximity to industrial infrastructure - including power, highways
and rail. These projects represent significant potential for the
development of multiple and important-scale, porphyry
copper±gold deposits.
Amarc
is associated with HDI, a diversified, global mining company with a
30-year history of porphyry discovery and development success.
Previous and current HDI projects include some of BC's and the
world's most important porphyry deposits - such as Pebble, Mount
Milligan, Kemess South, Kemess North, Gibraltar, Prosperity,
Xietongmen, Newtongmen, Florence, Casino, Sisson, Maggie, IKE and
Pine. From its head office in Vancouver, Canada, HDI applies its
unique strengths and capabilities to acquire, develop, operate and
monetize mineral projects.
Amarc
works closely with local governments, indigenous groups and other
stakeholders in order to advance its mineral projects responsibly,
and to do so in a manner that contributes to sustainable community
and economic development. We pursue early and meaningful engagement
to ensure our mineral exploration and development activities are
well coordinated and broadly supported, address local priorities
and concerns, and optimize opportunities for collaboration. In
particular, we seek to establish mutually beneficial partnerships
with indigenous groups within whose traditional territories its
projects are located, through the provision of jobs, training
programs, contract opportunities, capacity funding agreements and
sponsorship of community events. All Amarc's work programs are
carefully planned to achieve high levels of environmental and
social performance.
Qualified Person as Defined Under National Instrument
43-101
Mark Rebagliati, P. Eng., a Qualified Person as defined under
National Instrument 43-101, has reviewed and approved the technical
content in this release.
For
further details on Amarc Resources Ltd., please visit the Company's
website at www.amarcresources.com or
contact Dr. Diane Nicolson, President and CEO, at (604) 684-6365 or
within North America at 1-800-667-2114.
ON
BEHALF OF THE BOARD
Dr. Diane
Nicolson
President
and CEO
Neither
the TSX Venture Exchange nor any other regulatory authority accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking and other Cautionary Information
This
news release includes certain statements that may be deemed
"forward-looking statements". All such statements, other than
statements of historical facts that address exploration drilling,
exploitation activities and other related events or developments
are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements.
Assumptions used by the Company to develop forward-looking
statements include the following: Amarc's projects will obtain all
required environmental and other permits and all land use and other
licenses, studies and exploration of Amarc's projects will continue
to be positive, and no geological or technical problems will occur.
Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices,
potential environmental issues or liabilities associated with
exploration, development and mining activities, exploitation and
exploration successes, continuity of mineralization, uncertainties
related to the ability to obtain necessary permits, licenses and
tenure and delays due to third party opposition, changes in and the
effect of government policies regarding mining and natural resource
exploration and exploitation, exploration and development of
properties located within Aboriginal groups asserted territories
may affect or be perceived to affect asserted aboriginal rights and
title, which may cause permitting delays or opposition by
Aboriginal groups, continued availability of capital and financing,
and general economic, market or business conditions, as well as
risks relating to the uncertainties with respect to the effects of
COVID-19. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments
may differ materially from those projected in the forward-looking
statements. For more information on Amarc Resources Ltd., investors
should review Amarc's annual Form 20-F filing with the United
States Securities and Exchange Commission at www.sec.gov and its
home jurisdiction filings that are available at www.sedar.com.
SOURCE: Amarc Resources Ltd.